💥 Tether ($USDT) published its 3rd quarter report. As of September 30, it announced that it had an asset reserve of $86.4 billion despite a liability of $83.2 billion, reporting an excess reserve of $3.2 billion.

✅ Approximately $72.6 billion of the $86.4 billion in assets consists of direct bond investments, repurchase agreements and US Treasury bonds.